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Stoke Therapeutics, Inc. - STOK STOCK NEWS

Welcome to our dedicated page for Stoke Therapeutics news (Ticker: STOK), a resource for investors and traders seeking the latest updates and insights on Stoke Therapeutics stock.

Stoke Therapeutics, Inc. (NASDAQ: STOK) is a pioneering biotechnology company dedicated to addressing the root causes of severe genetic diseases. With a focus on developing antisense oligonucleotide (ASO) medicines, Stoke aims to increase gene expression by targeting RNA splicing. This innovative approach is designed to upregulate protein production, offering potential treatments for conditions that currently have limited therapeutic options.

One of the key technologies driving Stoke's mission is its proprietary TANGO (Targeted Augmentation of Nuclear Gene Output) platform. This advanced method allows for precise modulation of RNA to restore protein levels, providing a novel way to treat genetic disorders. The company's lead candidate, STK-001, is currently in clinical trials for the treatment of Dravet syndrome, a severe form of genetic epilepsy characterized by frequent and prolonged seizures. This promising candidate exemplifies Stoke's commitment to transforming the lives of patients with debilitating conditions.

Beyond Dravet syndrome, Stoke Therapeutics is actively exploring the application of its ASO platform to other severe genetic diseases. The company’s robust pipeline and strategic partnerships underscore its potential to deliver innovative therapies that address significant unmet medical needs.

Financially, Stoke Therapeutics has maintained a strong position, attracting strategic investments and partnering with leading research institutions to advance its clinical programs. The company primarily operates within the United States, leveraging its expertise and innovative technology to push the boundaries of genetic medicine.

For investors and stakeholders, Stoke Therapeutics represents a unique opportunity within the biotechnology sector, with its cutting-edge approach to genetic disease treatment and a clear focus on clinical and commercial milestones. Stay tuned for the latest updates and developments from Stoke Therapeutics as it continues to make significant strides in the field of genetic medicine.

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Stoke Therapeutics appoints Ian Smith to its Board of Directors, bringing significant experience in the development of medicines for rare genetic diseases. Smith's expertise and track record in the biotech industry will be valuable as Stoke advances STK-001 for Dravet syndrome. This represents a unique opportunity to develop disease-modifying medicines for challenging diseases.
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Stoke Therapeutics presents data on STK-001 for Dravet syndrome at IEC 2023
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Stoke Therapeutics, Inc. reported positive data on STK-001 for Dravet syndrome, showing reductions in seizures and improvements in cognition and behavior. The company plans to share an update on Phase 3 planning in 1H 2024. Stoke also received authorization for a Phase 1 study of STK-002 for Autosomal Dominant Optic Atrophy. As of June 30, 2023, the company had $231.4 million in cash, cash equivalents, and marketable securities.
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Stoke Therapeutics, Inc. (Nasdaq: STOK) to Present at Canaccord Genuity 43rd Annual Growth Conference
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Stoke Therapeutics announces positive safety and efficacy data for STK-001 in Dravet syndrome patients aged 2 to 18. The data shows reductions in convulsive seizure frequency and improvements in cognition and behavior, supporting the potential for disease modification. Additional data expected in Q1 2024.
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Stoke Therapeutics (Nasdaq: STOK) has received authorization from the UK Medicines and Healthcare products Regulatory Agency (MHRA) to initiate a Phase 1/2 clinical trial (OSPREY) for STK-002, targeting autosomal dominant optic atrophy (ADOA), a rare inherited optic nerve disorder causing vision loss. The study aims to assess the safety and efficacy of STK-002, designed to upregulate OPA1 protein expression and potentially halt vision deterioration. Enrollment for the trial is expected to begin in early 2024. Currently, there are no approved treatments for ADOA, affecting approximately 1 in 30,000 people globally. Stoke's approach leverages the TANGO platform, focusing on treating haploinsufficiencies and CNS diseases.

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FAQ

What is the current stock price of Stoke Therapeutics (STOK)?

The current stock price of Stoke Therapeutics (STOK) is $11.68 as of December 20, 2024.

What is the market cap of Stoke Therapeutics (STOK)?

The market cap of Stoke Therapeutics (STOK) is approximately 594.8M.

What does Stoke Therapeutics, Inc. do?

Stoke Therapeutics develops antisense oligonucleotide medicines to increase gene expression for treating severe genetic diseases.

What is the TANGO platform?

TANGO (Targeted Augmentation of Nuclear Gene Output) is Stoke's proprietary technology for modulating RNA to restore protein levels.

What is STK-001?

STK-001 is Stoke's lead compound, currently in clinical testing for the treatment of Dravet syndrome, a severe genetic epilepsy.

Where does Stoke Therapeutics primarily operate?

Stoke Therapeutics primarily operates in the United States.

What is Dravet syndrome?

Dravet syndrome is a severe and progressive genetic epilepsy characterized by frequent and prolonged seizures.

How does Stoke Therapeutics' ASO technology work?

Their ASO technology targets RNA splicing to selectively upregulate protein expression, addressing the underlying cause of genetic diseases.

What other diseases is Stoke Therapeutics targeting?

Stoke is exploring the application of its ASO platform to other severe genetic diseases with significant unmet medical needs.

How is Stoke Therapeutics funded?

Stoke has attracted strategic investments and partnerships with leading research institutions to advance its clinical programs.

Why is gene expression important in treating genetic diseases?

Increasing gene expression can restore normal protein levels, potentially correcting the underlying dysfunction in genetic diseases.

What makes Stoke Therapeutics unique in the biotech sector?

Stoke's innovative TANGO platform and focus on RNA-based treatments for severe genetic diseases set it apart as a leader in genetic medicine.

Stoke Therapeutics, Inc.

Nasdaq:STOK

STOK Rankings

STOK Stock Data

594.82M
50.49M
4.77%
110.94%
12.09%
Biotechnology
Pharmaceutical Preparations
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United States of America
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